This paper attempts to paint a coherent picture of the effects of ageing on a small, open, economy with large pension … equilibrium model with institutional details. We find that ageing leads to a tighter labor market, increasing costs for both … burden of ageing is the eventual size of the increase in labor market participation of older workers. The intergenerational …

social security schemes, an ageing population thus leads to policy uncertainty in first pillar pensions. This paper sheds …

current legislative period to cope with the fiscal burden of population ageing for the sustainability of Germany's public …

The paper examines the effects of ageing and makes a case for partial pre-funding of pensions. The argument is based on …

In this paper we address the question whether in case of population ageing a transition from an unfunded to a more …